Conditional Provisional Preliminary Approval Or Pre Approval Letter

Conditional Provisional Preliminary Approval Or Pre Approval Letter

Dear [Borrower],

We are pleased to inform you that based on our initial review of your loan application, you have been conditionally provisionally pre-approved for a loan in the amount of [Loan Amount]. Please note that this letter is not a final approval of your loan application.

Your pre-approval is subject to the following conditions:

1. Verification of your employment and income.

2. Verification of your credit score and credit history.

3. Verification of your debt-to-income ratio.

4. Verification of your down payment and closing costs.

Once all of the above conditions are met, we will be able to provide you with a final approval for your loan application. Please note that the loan amount, interest rate, and terms of the loan may be subject to change based on the results of our final review.

We look forward to working with you to finalize your loan application. If you have any questions or concerns, please do not hesitate to contact us.

Sincerely,

[Lender]

Conditional Provisional Preliminary Approval Or Pre Approval  Letter